Connect with us

News

JUST IN: Alleged Fraud: Yahaya Bello Pleads Not Guilty To 16-Count Charge

Published

on

139 Views

Former Governor of Kogi State, Yahaya Bello has pleaded not guilty to the 16-count charge levelled against him by the Economic and Financial Crimes Commission.

This was after he honoured the invitation of the commission on Tuesday.

The EFCC had instituted a 110bn alleged fraud suit against the former governor.

Adorning a white kaftan and a blue cap, the former Governor was accompanied by officials of the EFCC.

Yahaya Bello in Court

He was arraigned before Justice Maryanne Anenih of the FCT High Court.

The former governor, alongside Umar Oricha and Abdulsalami Hudu are being prosecuted as 1st to 3rd defendants, respectively, in a fresh N110bn 16-count charge instituted against them by the EFCC.

The other defendants, Oricha and Hudu, however, have been given administrative bail by the commission

At the last hearing on November 14, the EFCC had sought adjournment to Wednesday, November 27 in the fresh case it instituted against Bello, saying the 30-day window was still running for the summons earlier issued.

The EFCC, however, admitted his co-defendants, Umar Oricha and Abdulsalami Hudu, to administrative bail and prayed to the court for an extension of time for the 1st Defendant to appear.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

JUST IN: Wike, Govs Makinde, Bala Clash at PDP Secretariat (Images / Video)

Published

on

6 Views

….. As PDP Leaders Accuse Police of Not Showing Neutrality in Crisis

There was a showdown at the PDP National Secretariat on Tuesday as governors of Bauchi and Oyo states have clashed with FCT Minister Nyesom Wike with both parties attempting to take over the National secretariat of the main opposition Peoples Democratic Party in the Wuse Zone 5 District of Abuja.

It was discovered that security operatives loyal to the FCT Minister and Governors Seyi Makinde and Bala Mohammed embarked in a free for all or who would take possession of the PDP National Secretariat with a rainfall of teargas pumped around the vicinity by both parties.

While Governor Seyo stormed the venue with the newly elected National Secretary, Taofeek Arapaja, Nyesom Wike stayed put with Samuel Anyanwu, the embattled National Secretary of the party who insists his tenure is still in place till December 8, 2025.

Party leaders are now expressing worry over the development accusing the Police of not being neutral in the leadership crisis facing the Peoples Democratic Party.

Watch video below:

Continue Reading

Business

Lagos N200b bond oversubscribed by 55% at N310Billion

Published

on

17 Views

In a resounding vote of confidence from the investment community, Lagos State has concluded its bookbuild for a groundbreaking bond issuance, exceeding all expectations and demonstrating strong investor appetite.

The State’s offering, comprised of a ₦200 Billion Conventional Bond and a ₦14.8 Billion Green Bond, has been met with extraordinary enthusiasm, paving the way for crucial infrastructure projects across the bustling metropolis.

The conventional bond, originally slated for ₦200 billion, received an astounding 55% oversubscription, attracting a remarkable ₦310 billion in investment commitments.

This signifies the robust trust investors have in Lagos State’s economic prospects and its commitment to sustainable growth.

Adding to the success, the ₦14.8 billion Green Bond, designed to finance environmentally friendly projects, was met with an even greater level of enthusiasm.

It attracted a phenomenal ₦29.29 billion in subscriptions, representing a staggering 97.7% oversubscription.

This underscores the growing global interest in sustainable investments and Lagos State’s commitment to a greener future.

This historic achievement highlights Lagos State’s financial strength and its ability to attract significant investment to drive its ambitious development agenda.

The proceeds from these bonds will be instrumental in funding vital infrastructure projects, enhancing the quality of life for residents, and fostering economic prosperity across the state.

Continue Reading

News

JUST IN: FG Vows Swift Rescue of Abducted Kebbi Schoolgirls, Reaffirms Duty to Protect Citizens

Published

on

22 Views

The Federal Government has expressed deep concern over the abduction of female students from Government Girls Secondary School, Maga, in Danko/Wasagu Local Government Area of Kebbi State, assuring families of its unwavering commitment to securing the safe return of the victims.

In a statement on Monday, the government conveyed solidarity with the affected families, noting that it “shares in their pain” and is working urgently to bring the girls home.

President Bola Ahmed Tinubu reaffirmed that the protection of every Nigerian—especially schoolchildren—remains a paramount responsibility of the State. He condemned the attack, describing it as a “reprehensible assault on innocent students,” and mourned the school officials who were killed while performing their duties.

According to the statement, security and intelligence agencies have been issued strict directives to locate and rescue the abducted students and ensure that those responsible are brought to justice. The government pledged that it will not relent until the mission is accomplished.

The Federal Government also assured citizens that strengthening internal security remains a top priority, noting that efforts are underway to recalibrate the country’s military, policing, and intelligence architecture to better prevent and respond to threats.

Additionally, Nigeria is intensifying regional cooperation with ECOWAS, the African Union, and the Multinational Joint Task Force (MNJTF) to secure borders and disrupt terrorist and criminal networks.

The government urged the public to remain calm and confident as efforts to rescue the abducted students continue.

Continue Reading

Trending